Beyond predictive analytics and real-time insights, one of the ways AI is changing the mining industry is in mine planning. For example, AI can aid in resource discovery by better identifying financially viable mine sites.
Key fact: Between 2021 and 2028, the global AI market is expected to expand at a CAGR rate of 40.2%
AI technology, such as unmanned aerial vehicles (UAVs), can be used to gain a deeper knowledge of a terrain. AI-assisted drones, for instance, can map out and predict terrain with a higher level of precision that can be attained through human efforts.
Not only does this create more effective operations, it also prevents companies from mining in the wrong direction, and provides early detection of risks that could compromise operations, from land movement to chemical contamination.
The increasing integration of AI technology with mining operations proves the value it is bringing to the industry as a whole.
Precise terrain mapping
Better resource discovery
Improved mine planning
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A scenario-based planning solution that uses AI to root out supply chain inefficiencies
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